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Rate of return-Annuity What is the rate of return on an investment of $10.091 if the investor will receive $2,400 each year for the next

Rate of return-Annuity What is the rate of return on an investment of $10.091 if the investor will receive $2,400 each year for the next 8 years? The rate of return on the investment, r, is % (Round to two decimal places.)

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